New Delhi: The Enforcement Directorate (ED) has arrested Punjab-based businessman Gautam Malhotra in a money laundering case related to alleged irregularities in Delhi’s excise policy.
Malhotra, who belongs to the Punjab-based Oasis group, has been detained under criminal sections of the Prevention of Money Laundering Act (PMLA).
He will be produced before a Delhi court where the ED will seek his custody. Officials said that Malhotra is associated with the liquor business in Punjab and some other areas.
This is the second arrest in the case in the last two days. On Tuesday, the Central Bureau of Investigation also arrested a Hyderabad-based chartered accountant, who is believed to be an auditor of Bharat Rashtra Samithi (BRS) MLC K Kavitha,.
The agency is likely to produce Gautam before a special court later and seek his custody to interrogate him in the Delhi excise policy case.